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PPP Loan Data — R. P. Marzilli & Co., Inc., Medway, MA

SBA PPP loan data, payroll data, and salaries for R. P. Marzilli & Co., Inc.

R. P. Marzilli & Co., Inc.

Entity: Subchapter S Corporation

Industry: Professional Employer Organizations

Location: Medway, MA

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R. P. Marzilli & Co., Inc. is a subchapter s corporation located at 21a Trotter Dr in Medway, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,721,700.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 168 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




R. P. Marzilli & Co., Inc. in Medway, MA received a Paycheck Protection Loan of $2.72M through SALEM FIVE CENTS SAVINGS BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, R. P. Marzilli & Co., Inc.'s total 2019 payroll expenses were approximately $13.06M in order to qualify for the PPP loan amount received.

Based on their reported 168 jobs retained, this equals an estimated average yearly compensation of $77,763 per employee1.

Because the loan received by R. P. Marzilli & Co., Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - R. P. Marzilli & Co., Inc. in Medway, MA

R. P. Marzilli & Co., Inc.
21a Trotter Dr
Medway, MA 02053

Business Industry

Professional Employer Organizations (NAICS code 561330)

Business Owner Demographics

Race / Ethnicity: WHITE


Veteran Status: NON-VETERAN

Congressional District: MA-04

Industry PPP Comparison Statistics

Nationwide, 1,298 businesses in the "Professional Employer Organizations" industry received a total of $544,321,819.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 38 employees, 77% lower than R. P. Marzilli & Co., Inc.'s reported 168 employees, and received an average PPP loan of $419,354, 85% lower than this company's loan of $2.72M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

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** This Document Provided By - The Civil Employee's Resource **